Economic News
Economic News
U.S. Trade Deficit Rises to New Record in 2018
Over the past year one of the biggest financial and economic stories has been President Trump’s use of tariffs on goods from China and other countries. Even before becoming President, then-candidate Trump frequently railed against the trade deficits we hold with various nations. However, despite efforts to curtail these deficits, new figures show that they actually reached a record high in 2018. As the New York Times reports, new data...
FinTech News
Coinbase and XRP Come Off Week of Controversies
In the week since the Coinbase Pro announced it was adding XRP to its platform, controversy has surrounded both the exchange and the asset in question. Between criticisms about one of Coinbase’s acquisitions to questions about what role Ripple played it the platform listing XRP, both companies have found themselves on the defensive. Starting with Coinbase, their largest current controversy actually revolves around their acquisition of Neutrino earlier this year....
Economic News
Southwest's Hawaiian Entry Tanks Competitor's Stock
After years of waiting, Southwest Airlines is officially headed to Hawaii. Thanks to the longer range of the Boeing 737 MAX 8s that the budget airline has added to its fleet, travelers will soon be able to catch flights from Oakland and San Jose to Honolulu and Kahului. What's more these flights saw prices start at just $49 each way. Of course, while this may be good news for Southwest...
Personal Finance News
FTC Reports Funds Lost to Fraud Rose in 2018
Do you know how to spot a scam? While certain forms of fraud such as the famous inhertance advance fee scheme e-mails may not fool many these days, it seems that thieves are still finding ways to take advantage of unsuspecting adults. In fact the Federal Trade Commission (FTC) found that reports of fraud and ensuing losses both increased last year. According to the latest FTC report, the agency received...
Best of the Web
Top 10 Personal Finance Articles of the Month — February 2019
It’s time again for my favorite feature here on Dyer News: a look at my top 10 personal finance articles of the month. This month we start off with some unique money perspectives as bloggers look at how personal finance can impact your happiness, anxiety, and more. Then we'll take a look at some tips for budgeting and savings along with the benefits of such practices. Finally we round things...
FinTech News
A Look at FinTech's "Minotaurs"
Have you ever encountered a minotaur? Well, a minotaur company, that is? Just as the name “unicorn” has become a popular term for private companies valued at more than a billion dollars, Axios has coined the term “minotaur” to describe startups who have raised upwards of one billion in funding. In all the site found 55 such companies around the world with three of them coming from the FinTech space....
Economic News
